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SOLV Energy Announces Closing of Initial Public Offering and Full Exercise of Underwriters' Option to Purchase Additional Shares

SAN DIEGO, Feb. 12, 2026 (GLOBE NEWSWIRE) -- SOLV Energy, Inc. (“SOLV” or the “Company”) (Nasdaq: MWH), a leading provider of infrastructure services to the power industry, today announced the closing of its initial public offering of 23,575,000 shares of its Class A common stock, which includes the exercise in full by the underwriters of their option to purchase 3,075,000 additional shares, at the initial public…

GlobeNewsWire • Feb 12, 2026
SOLV Energy: Powering Higher As A Public Business

SOLV Energy surged 20% post-IPO, reflecting optimism about its power infrastructure services and strong 2025 growth projections. Despite a robust backlog and margin gains, the recent revenue declines and lumpy results raise concerns about valuation and sustainability. At $30/share, the stock trades at ~25x earnings and 18x adjusted EBITDA, compared to larger, diversified peers.

Seeking Alpha • Feb 12, 2026

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